The combination Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline down.
A descent down to the next support line at 0.000106500 will continue.
Caution: A possible trend reversal in the direction of resistance at 0.000110380 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Bearish Engulfing’ candle chart pattern is discovered. The chart forms ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.000116100 |
2nd High | 0.000112900 |
Next High | 0.000110380 |
Current Price | 0.000107430 |
Next Low | 0.000106500 |
2nd Low | 0.000106200 |
3rd Low | 0.000101200 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Bearish Engulfing